J.C. Penney Company, Inc. (NYSE:JCP) has had its debt cut by ratings agency Moody's Corporation (NYSE:MCO) according to a statement from the ratings firm. The retailer's debt is now rated Caa1, which qualifies as Junk under Moody's ratings regime. The move was not an unexpected one as the problems at J.C. Penney have come to a head lately.
Bridgewater Associates, is the world's largest hedge fund with over $125 billion. The firm is run by CEO Ray Dalio, who shared a lot of previously unknown insights (more…) Read More
Pershing Square Foundation’s scholarship initiatives are meant to train a new batch of social entrepreneurs, according to Bill Ackman. The prominent hedge fund manger disclosed during his interview with Financial... Read More
S&P 500 Rally Last week, Bank of America published a research report detailing the three trades its chief investment strategist, Michael Hartnett and team like in the current environment. The... Read More
Stay tuned for more from Invest For Kids 10th Anniversary Conference which took place on October 24, 2018 in Chicago. All content will be posted at this link and... Read More
Bill Ackman just scored another M&A win. Platform Specialty Products, one of Bill Ackman’s top holdings, announced on Monday a plan to acquire British chemical and materials maker Alent for... Read More
Value investor James Montier of asset management firm GMO can’t find any attractive investments these days. While there a few relatively cheap assets, nothing is cheap in absolute terms,... Read More
A new report from Barclays PLC (NYSE:BCS) (LON:BARC) concerning Chesapeake Energy Corporation (NYSE:CHK) upgrades the firm's shares and reinstated an equal weight rating on the company with a price target... Read More
Bitcoin has surged a lot - lets put that in an updated context of S&P 500 returns Starting a business is hard. It takes years of hard work and sleepless... Read More
Mark Zuckerberg is a giving kind of guy with Facebook Inc (NASDAQ:FB) stock. On the day Facebook’s satellite exploded while in the care of Elon Musk’s SpaceX, now a... Read More
Salesforce.com, inc. (NYSE:CRM) to equity guys isn’t quite what the Yen has been to macro guys, i.e. the “widowmaker”, but it might be getting there. It’s a stock and business... Read More
